Subsistence

Lemmy

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Lemmy

Member since

February 2017

On-time repayments

12 installments  •  75%

About Me

I am a hardworking Kenyan mainly earning from employment income. Like many other Kenyans, I have brilliant business ideas whose implementation has been greatly challenged by lack of capital or the inability to access capital.
We have to keep trying and working hard to achieve our dreams and attain success at the levels we aspire.

My Business

I am currently running a small barber shop which has grown at a rate higher than anticipated. I started with the capacity to serve two customers at a go but currently can serve three customers, growth that has been achieved in less than six months.
I have plans to venture into other fields of business in order to diversify and reduce my risk.
I have also recently managed to open a video play game store in my endeavor to diversify. It has just started operating but so far things look good.

Loan Proposal

I am currently in a cash tight position. When received, this loan will be used to facilitate my day to day activities - transportation, and subsistence, to enable me run my activities more freely and efficiently.
It has been a bit difficult for me running up and down to ensure everything in my business is in order. Being financially able to move around will give me a big boost in ensuring the day to day activities in the business are run well.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Aug 9, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

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